Excellent opportunity to acquire a stabilized portfolio of five income-producing condos in the Skyview Condominiums. The package includes three 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all recently updated and fully leased. Each unit features a modern, low-maintenance finish that appeals to long-term renters. Asking Price is $360, 000. The portfolio is currently generating $4, 325/month in gross rental income, providing immediate cash flow and a strong rental history with minimal vacancy. Located just minutes from downtown Birmingham, with easy access to shopping, dining, and major highways, Skyview Condos remain a reliable source of rental demand year-round. Photos are of a different unit in the portfolio.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1 / 0
- Full Bathrooms: 1
Appliances
- Stove-Electric
- Laundry Features: Washer Hookup, Laundry Space: Closet, Laundry Dryer Hookup: Dryer-Electric, Laundry Location: Laundry (MLVL)
Kitchen and Dining
- Kitchen Countertops: Butcher Block
Other Rooms
- Bedroom Level: 1
- Full Bath Level: 1
- Kitchen Level: 1
Heating and Cooling
- Cooling Features: Central
- Heating Features: Central
- Water Heaters: Electric (WTRHTR)
Interior Features
- Interior Amenities: Tub/Shower Combo
- Flooring: Vinyl
Pool and Spa
- Pool Features: Pool Type: Community, Pool: Yes, Pool Features: In-Ground
Exterior and Lot Features
- Patio And Porch Features: Patio: Open , Patio: Yes
Garage and Parking
- Garage Description: Off Street Parking
School Information
- Elementary School: GLEN IRIS
- High School: CARVER, G W
- Middle School: ARRINGTON
Homeowners Association
- Association Fee Includes: Garbage Collection, Common Grounds Mntc, Insurance-Building, Management Fee, Utilities for Comm Areas, Water
Other Property Info
- Source Listing Status: Active
- County: Jefferson
- Directions: Take I-65 S via EXIT 124B. Take the Green Springs Avenue exit 258. Take the 1st L onto Center Pl.Take the 2nd L onto 22nd Ct. Turn R onto Center Way. Turn L onto 1st St. Turn L onto Skyview Dr.
- Source Property Type: RESIDENTIAL
- Area: Homewood
- Property Subtype: condo
- Source Neighborhood: SKYVIEW CONDOMINIUMS
- Parcel Number: 29-00-15-1-004-003.355
- Subdivision: SKYVIEW CONDOMINIUMS
- Flood Plain: No
- Property Subtype: Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 720
- Year Built: 1980
- Construction Materials: Siding-Other
- Entry Level: 1
- Foundation Details: Slab
- Living Area Source: Per Tax Report
- Property Age: 45
- Levels or Stories: 1-Story
- Total Area Main: 720
- Year Built Details: Existing
Utilities
- Sewer: Connected
- Water Source: Public Water
